Soros also hit out at Russian President Vladimir Putin, whom he referred to as a "dictator".
The unflattering comparisons didn't stop there.
Soros said he saw the current US president as a "temporary phenomenon" who would disappear by 2020, if not earlier.
The hedge fund leader slammed the tech giants "monopolistic behavior", declaring their motions and control of the internet as "obstacles to innovation", while also mentioning that they have caused a litany of problems which we have only recently begun to unravel. "Mining and oil companies exploit the physical environment; social media companies exploit the social environment", he said, according to a transcript obtained by CIO.
The billionaire compared the companies to "exploitative monopolies" and the "gambling industry".
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The court gave the General Assembly - which remains under Republican control - until February 9 to submit redrawn lines to Gov. Constitution. "It shows there may be a second front in the war against gerrymandering that does not depend on what the U.S.
Mr Soros said the European Union, which has no internet giants of its own, was best placed to "protect society against them", whereas USA regulators, he maintained, were too weak. But Facebook and Google get off easy because they don't have to pay for any of the content on their sites. Even worse may lie in store.
Facebook and companies from Twitter to Apple have been confronting a mounting backlash against technology and social media, as the public grapples with a constantly connected life in which they are exposed to fake or biased news and cyber-bullying. Our attention has already become sufficiently malleable, for authoritarians to use the IT giants' user-driven behavioural insights to serve their nefarious political ends. Another disturbing possibility was that USA tech companies would "compromise themselves in order to gain entrance to these vast and fast-growing markets".
"Not only the survival of open society but the survival of our entire civilization is at stake", he said, CNBC reports.
The EU "is in danger of abandoning its values", Soros continued, under pressure from Poland and Hungary who are "adamantly opposed to the values in which the EU is based", and the rise of anti-EU parties elsewhere. Against these counsels of despair, Popper posits the radical freedom of an open society. "The future depends on ourselves, and we do not depend on any historical necessity". He said his Open Society Foundation is funding more institutions in the USA rather than the third world to ensure a Democratic victory in November. Happily, although he fears that emerging strong men could use technology for "totalitarian control the likes of which not even Aldous Huxley or George Orwell could have imagined" Soros ultimately concludes that the dominance of American IT monopolies has peaked, that their "days are numbered" and they will soon be undone by "regulation and taxation".